If you were Mr$.$ Vincent, executive vice president of Monmouth, Inc., would you try to gain

control of Robertson Tool in May $2003$:

$2.$ What is the maximum price that Monmouth can afford to pay, based on a discounted cash

flow valuation? Based on market multiples of EBIAT?

$3.$ Why is Simmons eager to sell its position to Monmouth for $$50$ per share? What are the

concerns of and alternatives for each of the other groups of Robertson shareholders?

$4.$ What offer would you make in an effort to gain the support of the Robertson family and the

great majority of the stockholders, while improving the long$-$term trend of Monmouth$$s

earnings per share over the next five yea